Investment in SIP from Rs 1000, after so many years, returns of millions will be available

Sip: Nowadays, it has become very important for everyone to save and invest money. There are many investment options, but now people are preferring to invest in SIP (Systematic Investment Plan). The biggest reason for this is that by investing regularly in SIP, you can get good returns over time. So if you are wondering how you can benefit from mutual fund SIP, then let’s know.

What is SIP and why invest?

Systematic Investment Plan is a way in which you invest a certain amount every month. If you want, you can start investing from just 250 rupees in the beginning. This is an easy way by which you can get good returns in a long time even by investing small. If you expect an average return of 12 percent, the mutual fund SIP becomes a great option.

How much to invest and what will be the benefit?

Now the question is that if you invest 1000 rupees in SIP every month, then how much will you benefit with time. Let us know what returns you can get from this investment in 10 years, 20 years, and 30 years.

You will get so much return on 10 years investment

If you continue this process for 10 years while investing in Systematic Investment Plan every month, then you will invest Rs 1,20,000 in total. On getting 12 percent returns on this, you will get a return of Rs 1,04,036. That is, after 10 years, a total fund of Rs 2,24,036 will be ready. This small investment can make a large amount.

You will get so much return on 20 years of investment

Now if you invest 1000 rupees for 20 years at a month, then your total investment will be Rs 2,40,000. On this, you will get a return of Rs 6,79,857 according to 12 percent. After 20 years, you will have a fund of Rs 9,19,857. This can make you a good fund for your future.

Such returns will be available on 30 years of investment

If you invest for 30 years in Systematic Investment Plan at the rate of Rs 1000 a month, then you will invest a total of Rs 3,60,000. On this you will get 12 percent return, which will be Rs 27,20,973. Accordingly, after 30 years, you will have a total fund of Rs 30,80,973. Now think, will it not be very good for your retirement or any big expense?

Benefits of investing in sip

• Risk is low: You invest slowly in SIP, so that you do not suffer much from market fluctuations. Over time, you get the benefit of compounding and your money keeps increasing.
• Advantage of compounding: Investing for a long time also creates interest on your money. This is the effect of compounding.
• resilience: You can change the amount of investment according to your convenience through SIP. Also, you have the freedom to stop or increase investment at any time.

conclusion

If you want your savings to change in big returns one day, then SIP can be a great way. By investing just 1000 rupees every month, you can strengthen your financial situation in the coming years. After 10 years, 20 years, or 30 years later, you will see that your small investment has made a big fund. Then what are you waiting for? Invest in SIP today and make the future safe.

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